Congrats on the approval! Not sure why the difference in the manual vs. automated system unless the automated is slower to update and $500 is the default CL.
@youngandcreditwrthy wrote:Often times, creditors assign "temporary" credit limits to instant approvals to avoid fraud or over use of the account. At least, that's my take on it all.
This makes sense.
CONGRATS on your approval and your very NICE credit scores!!! 
Gardening Until Further Notice
@youngandcreditwrthy wrote:Often times, creditors assign "temporary" credit limits to instant approvals to avoid fraud or over use of the account. At least, that's my take on it all.
+1!
Congrats on your approval, OP!
Congrats! Thanks for sharing.
Discover IT $17k / US Bank Ace (VSig) $13.5K / US Bank Cash+ (VSig) $13.5k
@Youngcredit23 wrote:I've had my Chase Freedom for 6 months now, it was my very first credit card, so I decided to pull the trigger on applying for a second card. I applied for the American Express Blue Cash Everyday online yesterday, and I was instantly approved! I was so shocked and excited.
When I applied, my Experian FICO was 730, AAOA 6 months, $0 balance on Freedom, Inquires was 1.
Here's my confusion though; When I got instantly approved, Amex didn't tell me my credit card limit so I decided to call the application status #. When I called them, the automated system verified that I was approved, and was assigned an initial limit of $2,300! WOW! Here's the confusing part, I called another number that gives you an account summary if you give them the last 5 numbers of your account, and the automated system said I have an available credit of $500. Not so good. I then got on the phone and spoke to an actual representative and they confirmed that the credit limited assigned was $2,300.
Why is the CSR and automated application status stating that I have a credit card limit of $2,300, but the account summary # is stating I have an available credit of $500.
Thanks!
Agree. The 500CL was more then likely a common system temp generated as mentioned to preempt against fraud.
Congratulations on landing a nice Amex on the early leg of your credit journey!
@Youngcredit23 wrote:I've had my Chase Freedom for 6 months now, it was my very first credit card, so I decided to pull the trigger on applying for a second card. I applied for the American Express Blue Cash Everyday online yesterday, and I was instantly approved! I was so shocked and excited.
When I applied, my Experian FICO was 730, AAOA 6 months, $0 balance on Freedom, Inquires was 1.
Here's my confusion though; When I got instantly approved, Amex didn't tell me my credit card limit so I decided to call the application status #. When I called them, the automated system verified that I was approved, and was assigned an initial limit of $2,300! WOW! Here's the confusing part, I called another number that gives you an account summary if you give them the last 5 numbers of your account, and the automated system said I have an available credit of $500. Not so good. I then got on the phone and spoke to an actual representative and they confirmed that the credit limited assigned was $2,300.
Why is the CSR and automated application status stating that I have a credit card limit of $2,300, but the account summary # is stating I have an available credit of $500.
Thanks!
@Youngcredit23 wrote:I've had my Chase Freedom for 6 months now, it was my very first credit card, so I decided to pull the trigger on applying for a second card. I applied for the American Express Blue Cash Everyday online yesterday, and I was instantly approved! I was so shocked and excited.
When I applied, my Experian FICO was 730, AAOA 6 months, $0 balance on Freedom, Inquires was 1.
Thanks!
Grats on your AMEX
